Roy -
I found the token in another book, but no values are listed. It is listed
under German Token coinage 1914 - 1923 with the following description:
"German Notgeld coins 1914 - 1923 were issued mostly by cities and towns,
but also by commercial interests, transportation and utility companies, and
private organizations. Most were struck to ease the growing coin shortage
starting with the First World War and ending in the record inflation of
1923. The majority of these coins were low denominations of 1 pfennig
through 1 mark struck in zinc, iron, steel, and aluminum. The two major
varieties are Kriegsgeld and Notgeld."
Tokens would imply they were not a national issue, but they were readily
accepted by most people at the time as an exchange medium of known and
accepted value.
The catalog shows a piece labeled Inflation Notgeld with a horse on the
reverse and 50 millionen marks. The guy on the front is the one you
previously identified. He faces left and is not what I would call a
"happy"looking individual. "Most of these were aluminum or bronze and the
most popular category are the issues of Westphalia."
Gary
duf@ntplx.net